New shipping tycoon Fredriksen eclipses Onassis [LONDON] The golden days of the great Greek tanker owners, men like Aristotle Onassis and Stavros Niarchos, may be over. But now a new shipping tycoon has taken charge on the high seas.
China plans to give marine industry a shot in the arm
Klang Container Terminal hits 1m box throughput
ICTSI slams Philippine govt on North Harbour project
BV rewrites class rules for tankers to include IMO, EU safety initiatives
Ship sales
Air and Land Transport
Australia not seen as big enough for four carriers [SYDNEY] The heads of Australia's two fledgling airlines, Impulse and Virgin Blue, yesterday said that the domestic market is too small to support four carriers in the long term.
New shipping tycoon Fredriksen eclipses Onassis [LONDON] The golden days of the great Greek tanker owners, men like Aristotle Onassis and Stavros Niarchos, may be over. But now a new shipping tycoon has taken charge on the high seas.
China plans to give marine industry a shot in the arm
Klang Container Terminal hits 1m box throughput
ICTSI slams Philippine govt on North Harbour project
BV rewrites class rules for tankers to include IMO, EU safety initiatives
Ship sales
Air and Land Transport
Australia not seen as big enough for four carriers [SYDNEY] The heads of Australia's two fledgling airlines, Impulse and Virgin Blue, yesterday said that the domestic market is too small to support four carriers in the long term.
Airlines may appeal DOT decision on China rights Delta Air Lines may challenge the department's choice of UPS over itself, while Northwest will ask the agency to reconsider its allotment of additional slots. FedEx will probably file a response as well.
Matson to boost West Coast-Hawaii rates by 3.5% The rate hike, which is scheduled to take effect on Feb. 14, was filed with the Surface Transportation Board.
Bolero.net wins Korea Exchange Bank
CSAV/Norasia, United Alliance agree to share slots
Canadian ocean conferences announce rate increase
EU members agree to tear down rail-freight borders
FedEx adds service to high-tech hub in Malaysia
BAX's Indian unit signs deal with domestic express company
Air cargo expected to surge in India
Shenzhen expected to crack top 10 among global container ports this year
CP Ships future in the balance CANADIAN Pacific's plan to sell some of its businesses to concentrate on those with worldwide potential has placed a question mark over CP Ships, its rapidly expanding liner shipping subsidiary.
Costa still keen on Cammell Laird COSTA Crociere boss Pier Luigi Foschi remains keen to have his cruiseship Costa Classica lengthened at Cammell Laird despite apparently pulling out last week, writes Giovanni Paci.
Bingo rigs relief for Ocean OCEAN Rig has elicited a "high level of interest" from oil companies in the two Bingo rigs being finished at Friede Goldman Halter in Mississippi.
Everything in place for Russian insurance to take off RUSSIA is ready to go for a big increase in real insurance business as it drives out the equivalent of millions of dollars in fake transactions washing through the system.
Wake-up call for Cammell Laird "The dream is over," sang Liverpool's John Lennon about the bitter break-up of The Beatles.
Brussels may lower 9% ceiling on aid THE European Commission may propose operating aid of less than the present ceiling of 9% of EU shipyard contracts when it discusses options next Wednesday, writes Nigel Tutt.
Low-price China threat to the Singapore yards CHINA'S ship repair industry is poised to take a bigger share of the market and if present trends continue, the structure of the Far East market could be about to change.
It all began when the inventor gave way to the gambler I AM going to quote Peter Drucker. I realise that to quote the founder of modern management science, soon to be 91, is a shocking thing to do in a newspaper devoted to shipping and insurance, two respectable businesses which have never felt the need to lower their tone with references to management, but here goes:
Loyola de Palacio promet un permis de navigation aux bateliers européens La commissaire européenne aux Transports Loyola de Palacio aura sans conteste été l’oratrice la plus marquante de la manifestation organisée à Anvers à l’occasion du 25e anniversaire de l’OEB, l’organisation européenne des bateliers. Dans son discours, elle a passé en revue les principaux thèmes du Livre Blanc auquel la Commission européenne apporte actuellement la dernière touche, ainsi que les mesures spécifiques qui peuvent être prises au niveau européen pour stimuler ce mode de transport. Une conclusion s’impose, à savoir que la navigation intérieure est appelée à jouer un rôle de tout premier plan et ce, pour très longtemps. Mais de Palacio a surtout fait impression en reprenant la parole après les interventions de plusieurs autres orateurs et en s’engageant à introduire un permis de navigation européen à court terme.
Renault se dit “ouvert à des partenariats pour la CAT” Le groupe automobile français Renault a confirmé être “ouvert à des partenariats pour des filiales telles que la CAT (Compagnie d’Affrètement & Transport)”. Il se refuse néanmoins toujours à commenter les rumeurs faisant état d’un accord déjà conclu pour tout ou partie de la société de transport et de logistique. Selon nos informations, les choses semblent pourtant s’orienter dans ce sens. Rappelons que cela fait un certain temps que le groupe CAT est dans l’étalage (*).
Les Pays-Bas auront en 2002 un régime très sévère pour la distribution de nuit Fin 1998, entraient en vigueur aux Pays-Bas de nouvelles normes de nuisance sonore pour l’approvisionnement de nuit des magasins. Les normes étaient toutefois tellement sévères qu’elles étaient techniquement impossibes. Un délai de trois ans a alors été accordé. Depuis, des recherches ont été menées pour mettre au point un véhicule hypersilencieux. La semi-remorque est désormais prête, mais pas le tracteur. La question se pose donc de savoir si un nouveau sursis sera accordé. Ce n’est pas sûr. Et des subsides pour stimuler l’achat de véhicules silencieux semblent peu probables.
NKK paints it black The Japanese shipbuilder has turned last year's losses into profits in the first half of this financial year.
Shipboard explosion kills engineer The chief engineer has died aboard a US-bound chemical tanker after an engine room explosion.
Cosco bulker casualty off UK averted A pollution incident involving a bulker owned by the Chinese shipping giant has been narrowly averted.
Osprey tells shareholders to wait Singapore shipowner ponders response to Fredriksen takeover move but self-made tanker king "Big John" stays characteristically quiet.
Torm orders second tanker newbuilding Danish tanker owner revises profit upwards for the fifth time this year as it catches market boom.
Costly Costa U-turn for Cammell Laird Jobs at risk and shares plunge at UK yard Cammell Laird after Costa delays vital cruiseship work.
"No pollution risk" from grounded tanker A Denholm tanker is aground on a Japanese island, but fuel has been pumped away from the danger area.
Kogas tenders for LNG newbuilding Korea's gas importer has been cornered into building a ship to secure tonnage.
Samsung and PSA in Inchon alliance Korea's Samsung and Singapore's PSA Corp are ploughing $200m into the Port of Inchon.
Losses pile up at Sumitomo Interim figures show Sumitomo Heavy Industries is doing worse than some analysts predicted.
Shipping boosts profits at Hayleys Sri Lankan conglomerate Hayleys has increased its earnings thanks to ships agent subsidiary Maritime Holdings Group.
Turnaround at Japanese bulk shippers Profitability remains low but Japan's smaller bulk operators have seen their fortunes improve.
EC extends deadline on Aker share deal The European Commission is delaying a ruling on whether Aker Maritime's purchase of Kvaerner shares can go ahead.
Sanoyas plunges into the red The shipbuilder reports a dramatic decline in interim profits and sees no reversal of fortunes in sight.
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